Note, i am normally a buyer of options, when i can project a value well above the strike. / In this case there is a conflict between cash burn, and further CR, and the race to monetize before that is necessary. Hence i cant not comfortably long bet on ops v heads. Rather take the heads a 1c or ops at 0.1c, but not a premium that has to project that 5c plus scenario. (at risk of sub 4c takeover, or dilution that under mines same)
That said, the market is also made of many types, and many wont consider any of the above, and pay a premium without due consideration. So a higher option price point trade is possible, if you also bet on the ignorance or wild bullishness of the punter.
OSL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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